See Home Value
$485,000
● House - Off Market

8516 Shallot WAY

Austin, TX 78748
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,232 Ft²
$3,091
Est. Monthly
$17
HOA / Fees
7.88%
Cap Rate

About This Property

**multiple offers**The owner has immaculately kept up this 5-bedroom home, a true gem in South Austin. You will be hard-pressed to find a 5-bedroom in South Austin for this price, with the largest lot in the neighborhood. One of the bedrooms is downstairs, which can be used as a flex space or bedroom. The primary bedroom has two walk-in closets. The magnificent tree in the front yard is a century tree that the city protects, ensuring its preservation. The recent updates include new kitchen and upstairs bathroom tile, Laminate flooring downstairs and two bedrooms upstairs, an Ecobee thermostat, Nest fire alarms, and a new 4-ton HVAC in October 2022. It is conveniently located near HEB, Torchy's, Ramen Tatsu-Ya, and Southpark Meadows, to name a few. It offers easy access to both I-35 and Congress. Don't miss the chance to see the charm and functionality of this well-maintained 5-bedroom home.
Unit Size
2,232 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$217
Property Type
House
Property Taxes
$692
HOA Dues
$17
Year Built
2008

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Last updated: 3 years ago (Unlock MLS #ACT5538845)

Price History

Date / Event Date Event Price
Feb 9, 2024 In contract -
In contract
Feb 2, 2024 Listed by Compass RE Texas, LLC $485,000
Listed by Compass RE Texas, LLC
Sep 17, 2023 No longer available -
No longer available
Jul 23, 2023 Price Decreased $499,000
↓ $16K (3.1%)
Price Decreased
Jun 25, 2023 Price Decreased $515,000
↓ $5K (1%)
Price Decreased
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 423
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,586
  • Total Building Area: 2,655
  • Gross Building Area: 2,655
  • Building Area: 2,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKRIDGE GARDENS
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 6 BLK C PARKRIDGE GARDENS

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 002422

Geography

  • Assessors Map Reference: 0428090620
  • Account Number: 742754
  • Parcel: 742754
  • Block: C
  • Lot: 6
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.1751
  • Longitude: -97.7892

    Address

  • Full Address: 8516 Shallot Way
  • Address - House Number: 8516
  • Address - Street Name: Shallot
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Austin
  • Carrier Code: C001
  • 4-Digit Zip Code: 1048
  • Zip Code: 78748

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $647,599
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 485,798
  • High Value: 577,627
  • Low Value: 393,969

    Market Valuation

  • Market Total Value: $562,593
  • Market Land Value: $150,000
  • Market Improvement Value: $412,593

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $420,652

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 06, 2024
  • Current Sale Recording Date: Mar 07, 2024
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 24589
  • Previous Sale Recording Date: Dec 09, 2019
  • Previous Sale Contract Date: Dec 06, 2019
  • Previous Sale Amount: $148,500
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Parkridge Gardens


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Frequently Asked Questions

When was property at 8516 Shallot Way built and last sold?
The property at 8516 Shallot Way was built in 2008 and last sold on Mar 6, 2024 for $565,250.
How much is this home worth?
The estimated value of the home located at 8516 Shallot Way is $0.
What are some comparable homes to 8516 Shallot Way?
There are currently no comparable homes to 8516 Shallot Way.